What is the objective of the balance sheet?

0 Answers  

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Categorize the following journal entry in Real A/c, Nominal A/c and Personal A/c: Goods worth Rs.10,000/- destroyed by fire and the insurance company admitted the claim for Rs.8,000/- Insurance Claim A/c Dr. 8,000/- Loss By Fire A/c Dr. 2,000/- To Trading A/c 10,000/-

1 Answers  

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sir if we make purchase and sale for the same pary for the same amount what adjusting entry have to be passed to close that entry in tally. while taking bill wise details we can see the dr. cr.and have to cancell that

2 Answers   HEG, Optimus,

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we can transfer stock between two firms with same name but prop. is different.

0 Answers  

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BANK

2 Answers   Bank Of America,

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How to make payment for single invoice and multiple invoices

0 Answers   Accenture,

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Can u please give me a proper example of how genral entries of depreciation are recorded like if depreciation expense is ONE HUNDRED and acc.dep is two hundred how we will record that?

1 Answers  

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WE have paid two month Advance salary on dated 03 June 2010. What will be journal entry inthe month of june for advance payment. And what will be journal entry in the month of july and August for salary adjustment.

5 Answers  

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What is ROI?

4 Answers  

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3 principles of accounting

8 Answers  

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what is suspense a/c?

3 Answers   IBM,

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Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

0 Answers  

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